Ig Share Discussion Threads

[gbh2] 23/7/2019 08:39

I picked up a few more @ 570p, the dividend is too good to ignore imo.

[luderitz] 23/7/2019 08:35

I traded these very successfully before the regulatory business started but kept out since., but plan to resume trading them sometime in the future.

Having said that these results whilst not brilliant certainly are not awful in the circumstances, and of course the divi is not to be sniffed at.

I will continue to monitor IGG and hope to get back when things have settled down.

All IMHO of course.

[11_percent] 23/7/2019 08:32

Will buy a few on any weakness.....

[aleman] 23/7/2019 08:12

Everything looks on track to me. Trebled my holding.

[gbh2] 23/7/2019 08:03

Doubt that's a coincident woodhawk :))

[only who?] 23/7/2019 07:59

Up a bit then down a bit more today?

[woodhawk] 23/7/2019 07:58

Up by nearly £2M on estimate then! LOL.

[gbh2] 23/7/2019 07:56

Last update indicated "The full year net trading revenue projected to be around £475 million (FY18: £569 million"

So "Net trading revenue £476.9 million" aint too far off the mark, BUT the results don't make pretty reading.

Worst of it for me is that my internet went down just after 4pm so I could halve my holding as intended. Hopefully fate has a plan because I may need one today :))

[bjfanc] 23/7/2019 07:55

Backs up what they said in May. So no surprises.

[woodhawk] 23/7/2019 07:54

Yes, as I said - read the previous update.

[orinocor] 23/7/2019 07:49

£30M increase in costs this year though, not £20M.
Was that expected?

[only who?] 23/7/2019 07:46

Not that terrible!

[woodhawk] 23/7/2019 07:44

No, they are marginally better than expected - see IGG's previous update on 22nd May. Dividend maintained - also as previously stated.

[orinocor] 23/7/2019 07:43

The results look terrible to me although I don't know if they are worse than expected.
£20M extra costs in current year?

[gbh2] 22/7/2019 18:22

I've had a number of holding affected by US funds dumping significant potions of their holdings due to the Boris/Brexit factor Octopus being the biggest hit having reduce its holding in one company by almost 60%.

Don't know what the case is here but we'll know tomorrow if today's sellers knew what they were doing here.

[gbh2] 22/7/2019 13:57

Hoping they announce a 34/35p dividend tomorrow, if so I'll be adding on any downturn due to Brexit.

[aleman] 22/7/2019 10:32

I've bought a small entry position and will consider more tomorrow if recovery looks to be in the pipeline.

[sg31] 22/7/2019 08:53

It's been a good run up from the 470's. About 30%.

[gbh2] 22/7/2019 08:14

Results out tomorrow but being greeted with a poor share price reaction.

[gbh2] 02/7/2019 09:08

Didn't take long to sell down today's increase, good sign though, thanks to Plus500s update.

[gbh2] 13/6/2019 09:11

Looks like share price is building towards results in July :)

[gbh2] 05/6/2019 09:29

This looks to have a long way to go, especially as we approach the Divi date.